Posts Tagged ‘Commercial Real Estate’

Hosemann seeking penalties from developer for moving project funds

JACKSON — The secretary of state’s office is questioning whether Jackson developer David Watkins took funds from a mall project and diverted it to a project to build a new police station in Meridian. Secretary of State Delbert Hosemann is seeking administrative penalties plus restitution of $587,084. Watkins denied any wrongdoing during an administrative hearing […] [...]

Lawsuit filed to halt rezoning for proposed Coast casino

BILOXI — A Harrison County judge has been asked to stop the rezoning of 19 acres west of Interstate 110 to waterfront in Biloxi to make way for a new casino. The lawsuit was filed last week by neighbors and the Gulf Islands Conservancy opposed the Biloxi City Council’s decision to rezone the property to […] [...]

Casino developers given 15-day deadline for lease renewal

D’IBERVILLE — The developers of Oyster Bay Casino have 15 days to renew their lease for Fountain Beach and they say they will. The Sun Herald reports the lease has expired today on the city-owned Back Bay land where the developers want to build a casino. The mayor and City Council voted this week to […] [...]

Another financial plan for proposed mall earns approval

SOUTHAVEN — A new financing plan has surfaced to pay for roads, water and sewer for a proposed outlet mall to be built in Southaven. The Commercial Appeal reports Southaven Board of Aldermen and the DeSoto County Board of Supervisors agreed last year to a $15-million tax increment financing plan to offset the costs of […] [...]

City approves CarMax site; lawsuit to be dropped

TUPELO — The Tupelo City Council has cleared the way for a used car dealer to open near the city’s Mall at Barnes Crossing. The council voted yesterday to update the city’s development code and zoning map, the Northeast Mississippi Daily Journal reports. Used car chair CarMax had sued the city over its denial of […] [...]

Council rejects rezoning plan for future casino site

BILOXI — The Biloxi City Council has tabled rezoning a possible casino site — for now. During a public hearing yesterday, land owners who want to see a $200 million casino built on their property west of Interstate 110 envisioned the site as the gateway to the city with a beautiful new casino a bookend […] [...]

Mall sale draws prospective buyers; owners asking $6.5M

JACKSON — A dozen potential buyers have expressed interest in Jackson’s Metrocenter mall since it hit the market Sept. 24. That’s according to the building’s broker. Listing price is $6.5 million. David Sewell, Metrocenter manager, tells The Clarion-Ledger day-to-day business at the 500,000-square-foot mall, which is Mississippi’s largest and once was the state’s premier shopping […] [...]

Environmental study complete, available on proposed road extension

MADISON COUNTY — An environmental assessment (EA) for the proposed extension of Rice Road in Madison County is now available, according to the National Park Service. This project seeks to extend Rice Road and create an associated multi-use trail to the west of U.S. Highway 51 in Ridgeland. This extension would provide access to the […] [...]

Delta-based winemaker hopes to be in operation soon

GREENWOOD — The city of Greenwood’s downtown winery is within two months of opening. Lonnie Bailey told the Greenwood Rotary Club this week that The Winery at Williams Landing plans to open Nov. 15, as long as it gets federal approval of its labels by then. If the approval drags out, it could delay the […] [...]

Leaders mull future use for old hospital

PICAYUNE — Discussion about the future of the former Crosby Memorial Hospital property will be much on the minds of city leaders in residents in Picayune over the coming months. WLOX reported possible uses for the 5-acre site are many, but first the building must be torn down. The city recently bought the site for […] [...]

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